The Table Shows The Amounts Of Crude Oil In Thousands Of Barrels Per Day Produced By A Certain Country And The Amounts 1 (20.28 KiB) Viewed 89 times
The Table Shows The Amounts Of Crude Oil In Thousands Of Barrels Per Day Produced By A Certain Country And The Amounts 2 (38.01 KiB) Viewed 89 times
The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same country for seven years. The equation of the regression line is y=-1.193x+16 254 03 Complete parts (a) and (b) below. Produced, x Imported, y (a) Find the coefficient of determination and interpret the result 2-0 (Round to three decimal places as needed.) 5,763 9,336 5,741 5.630 5.443 5.220 5.137 5,001 -> 9.103 9.682 10,062 10,172 10,165 10,014
(a) Find the coefficient of determination and interpret the result 10 Round to three decimal places as needed) How can the coefficient of determination be interpreted? The fraction of the variation in the amount of The remaining fraction (b) Find the standard error of estimates, and interpret the resu per day that can be explained by the variation in the amount of of the variation is unexplained and is due to other factors or to sampling er (Round to dece How can we sandard error The andand or of estate ot ount of as needed) imate be interpreted? For
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!